Economy of Syria
From Wikipedia, the free encyclopedia
Syria's economic situation has been turbulent and their economy has deteriorated considerably since the beginning of the Syrian civil war, which erupted in March 2011.[14][15]
Quick Facts Currency, Fiscal year ...
Currency | Syrian pound (SYP) |
---|---|
Calendar year | |
Trade organisations | CAEU, GAFTA, G24, G77, World Bank, IMF |
Country group |
|
Statistics | |
Population | 18,604,031 (2021 est.)[4] |
GDP | $22.4 billion (nominal; 2019 est.)[5] $57.25 billion (PPP; 2015 est.)[2]/$136 billion (PPP; 2021 est.)[citation needed] |
GDP rank | |
GDP growth | 1.4% (2019)[note 1] |
GDP per capita | $6.373 (PPP; 2021)[6] |
GDP by sector |
|
28.1% (2017 est.)[7] | |
Population below poverty line | 82.5% (2014 est.)[2] |
Labour force | 6,142,683 (2021)[10] |
Labour force by occupation |
|
Unemployment | 50% (2021)[11][note 2] |
Main industries | Petroleum, textiles, food processing, beverages, tobacco, phosphate rock mining, cement, oil seeds crushing, car assembly |
External | |
Exports | $1.01 billion (2021)[12] |
Export goods | olive oil, spices, barley, nuts, cotton, tomatoes, soap, phosphates, cumin seeds, pistachios, glass, cleaning products, apples, pears, potatoes, and some pitted fruits (2021)[12] |
Main export partners | |
Imports | $4.5 billion (2021)[12] |
Import goods | cigarettes, tobacco, raw sugar, motor vehicles, broadcasting equipment, wheat flours, sunflower oil, liquefied petroleum gas, associated petroleum gas, refined petroleum, coffee and rice (2021)[12] |
Main import partners | |
Gross external debt | $7 billion (2020 est.) |
Public finances | |
67% of GDP (2021 est.) | |
Revenues | $2.7 billion (2021 est.) |
Expenses | $2.1 billion (2021 est.) |
Economic aid | humanitarian aid $7.7 billion (2020 est.)[13] |
$2.1 billion (2020 est.) | |
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